Civic Intelligence

Alpha News

990EZ • Fiscal year 2019 • EIN 47-3178268

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 06, 2020

Organization Profilealphanewsmn.com
13033 Ridgedale Drive No 101Minnetonka, MN 55305

(612) 695-0627

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

56th percentile

6.2%

Higher net margin than 56% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$26,969

Up $2,918 (+12%) from 2018

Net Assets

Up

$26,933

Up $2,918 (+12%) from 2018

Liabilities

Flat

$36

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin56th percentile

Revenue

Up

$175,935

Up $19,518 (+12%) from 2018

Expenses

Up

$165,017

Up $9,192 (+5.9%) from 2018

Net Income

Up

$10,918

Up $10,326 (+1744%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2015: $4,296Liabilities 2015: $02015Assets 2016: $24,188Liabilities 2016: $0Net Assets 2016: $24,1882016Assets 2017: $23,459Liabilities 2017: $36Net Assets 2017: $23,4232017Assets 2018: $24,051Liabilities 2018: $36Net Assets 2018: $24,0152018Assets 2019: $26,969Liabilities 2019: $36Net Assets 2019: $26,9332019Assets 2020: $28,413Liabilities 2020: $36Net Assets 2020: $28,3772020Assets 2021: $152,755Liabilities 2021: $1,700Net Assets 2021: $151,0552021Assets 2022: $376,015Liabilities 2022: $11,356Net Assets 2022: $364,6592022Assets 2023: $385,546Liabilities 2023: $19,736Net Assets 2023: $365,8102023Assets 2024: $488,711Liabilities 2024: $28,986Net Assets 2024: $459,7252024

Highlighted filing

2019

Assets$26,969
Liabilities$36
Net Assets$26,933
Open 2019 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2015: $170,000Expenses 2015: $165,704Net Income 2015: $4,2962015Revenue 2016: $164,221Expenses 2016: $144,329Net Income 2016: $19,8922016Revenue 2017: $198,260Expenses 2017: $199,025Net Income 2017: -$7652017Revenue 2018: $156,417Expenses 2018: $155,825Net Income 2018: $5922018Revenue 2019: $175,935Expenses 2019: $165,017Net Income 2019: $10,9182019Revenue 2020: $331,071Expenses 2020: $329,627Net Income 2020: $1,4442020Revenue 2021: $599,031Expenses 2021: $476,353Net Income 2021: $122,6782021Revenue 2022: $951,393Expenses 2022: $737,789Net Income 2022: $213,6042022Revenue 2023: $811,070Expenses 2023: $799,267Net Income 2023: $11,8032023Revenue 2024: $1,275,766Expenses 2024: $1,181,851Net Income 2024: $93,9152024

Highlighted filing

2019

Revenue$175,935
Expenses$165,017
Net Income$10,918
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 6, 2020
Return Version
2019v5.1
Gross Receipts
$175,935
Mission and Program Overview

Mission

Alpha News reports on issues relating to local, state, and federal government, as well as the people and personalities involved. Unlike traditional media, our programming goes beyond the headlines and focuses on issues of local interest that consistently go unreported.

Alpha News uses advanced social media and online technology platforms to deliver important news programming to audiences everywhere in Minnesota. Alpha News reports on issues relating to local, state, and federal government, as well as the people and personalities involved. Unlike traditional media, our programing goes beyond the headlines and focuses on issues of local interest that consistently go unreported.

Program Services

DescriptionGrantsExpenses
Alpha News uses advanced social media and online technology platforms to deliver important news programming to audiences everywhere in Minnesota. Alpha News reports on issues relating to local, state, and federal government, as well as the people and personalities involved. Unlike traditional media, our programing goes beyond the headlines and focuses on issues of local interest that consistently go unreported. Our news is fueled by citizens and their interests. Alpha News reaches over 30,000 individuals each week, bringing them pertinent community news. Alpha News engages the public in the civic process by educating them on what is happening in their communities, specifically focusing on local issues that are not covered by major papers.$0$146,184
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott JohnsonBoard MemberPT$0--
Alex KharamPresidentPT$0--
Chris KauffmanTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Alpha News
EIN
47-3178268
Phone
6126950627
Address
13033 Ridgedale Drive No 101, Minnetonka, MN 55305

Signing Officer

Name
Alex Kharam
Title
President
Phone
6126950627
Signed
2020-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Abdo Eick & Meyers LLP
Address
5201 Eden Avenue Suite 250, Edina, MN 55436
Preparer
Steven D Anseth CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Advertising. Amount: 35,009. Description: Bank Charges. Amount: 1,189. Description: Commissions. Amount: 25. Description: Dues and Subscriptions. Amount: 3,086. Description: Insurance. Amount: 2,018. Description: Meals and Entertainment. Amount: 10. Description: Office Expenses. Amount: 6,475. Description: Meeting Expense. Amount: 792. Total to Form 990-EZ, line 16: 48,604.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Accounts Payable. Beg. of Year Amount: 36. End of Year Amount: 36.”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,969
Liabilities
$36
Net assets
$26,933
Revenue
$175,935
Expenses
$165,017
Net income
$10,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$0.03$0.46$1.28$1.18$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.37$0.81$0.80$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.01$0.36$0.95$0.74$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.60$0.48$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.33$0.33$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.18$0.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.16$0.16$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.20$0.20$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.16$0.14$0.02
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.17$0.17$0.00